Roblox is updating the look of its materials, making textures more lifelike but letting developers stick with the old visuals if they prefer.

Roblox said it is rolling out voice chat for those who are 13 and older on its user-generated content platform.

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The company’s issuer credit rating was raised to BBB-, the lowest high-grade level, from BB+, the highest junk grade, according to a statement from S&P. The ratings firm cited growth in Roblox ...